Regulation 6 - Classification and appointment of whole-time employees - Securities And Exchange Board Of India (Employees' Service) Regulations, 2001

CHAPTER II APPOINTMENTS, PROBATION AND TERMINATION OF SERVICE Classification and appointment of whole-time employees 6. (1) The whole-time employees of the Board shall be classified as follows: (a) Officers (Grades A, B, C, D, E, F and Executive Director); (b) Secretarial Staff, Accounts Assistants and Library Assistants (Grades A, B, C); 1 [(ba) Junior Secretarial Assistant, Junior Accounts Assistant 2 [Junior Library Assistant and Junior engineer]] (c) 3 [***] (d) Messenger, Cook, Driver, Messenger-cum-Driver, Messenger-cum- General Assistant. 4 [(2) The Board shall specify from time to time the pay of each post or group of posts and shall grant approval for sanction of posts at the level of Executive Director while the Chairman shall be the Competent Authority for sanction of posts up to Grade F.] (3) All appointments in any grade or post shall be made by the competent authority at its discretion and no person shall have a right to be appointed to any particular post or grade. Recruitment (4) 5 [(a) Recruitment shall be made at the entry level in Grade A or in Grade B or in such grade as may be specified by the competent authority by such method as the Chairman may determine, including by Campus Selection: Provided that, in special circumstances, where no suitable candidate is available in the Board's service or the exigencies of work require, recruitment may also be made at a higher grade.] (b) Mode of recruitment, Educational and other qualifications, age limit, experience and other incidental matters related to the recruitment 10 [ **** ] in the Board's service shall be as specified in the Schedule. (c) A competitive examination, including 6 [written tests] and interview, shall be conducted by the Competent Authority or by an outside agency engaged by the Board for the purpose of recruitment. Provided that Competent Authority may relax any or all of these requirements, for reasons to be recorded in writing 7 [:] 8 [Provided further that interview and/or group discussion shall not be conducted for the purpose of recruitment of whole time employees other than officers.] 11 [ (d) Competent authority shall constitute a selection committee, comprising such number of persons and outside experts as may be determined for recruitment and promotion: Provided that for recruitment at the level of Executive Director on deputation or contract, the Competent authority shall constitute a search-cum-selection committee, comprising such number of persons and outside experts as may be determined: Provided further that the appointment to the post of Executive Director shall be approved by the Board before an offer of appointment is issued to the selected candidate. ] ************ NOTES:- 1 Inserted by SEBI (Employees' Service) (Second amendment) Regulation, 2010, w.e.f. 12-10-2010. 2 Substituted for and Junior Library Assistant by SEBI (Employees' Service) (Amendment) Regulations, 2012, w.e.f. 2-5-2012. 3 Omitted by SEBI (Employees' Service) (Amendment) Regulations 2010, w.r.e.f. 30-1-2008. 4 Substituted by the SEBI (Employees' Service) (Amendment) Regulations, 2010, w.r.e.f. 30-1-2008. 5 Substituted by SEBI (Employees' Service) (Amendment) Regulations, 2010, w.r.e.f. 17-2-2007. Prior to its substitution, clause (a) read as under:- (4)(a) Recruitment shall be made at the entry level in Grade A or in Grade B or such grade as may be specified by the competent authority or in special circumstances where no suitable candidate is available in the Board's service, or the exigencies of work require, at a higher grade by issuing newspaper advertisement. Provided that the Competent Authority may recruit trainee officers and such trainee officers may be considered for regular appointment on successful completion of the training period and subject to passing a departmental test and interview. 6 Substituted for the words a written test and/or group discussion by the SEBI (Employees Service) (Third Amendment) Regulations, 2018, w.e.f. 13.08.2018. 7 Substituted for ; by SEBI (Employees' Service) (Second Amendment) Regulations, 2016, w.e.f. 15-12-2016. 8 Inserted by SEBI (Employees' Service) (Second Amendment) Regulations, 2016, w.e.f. 15-12-2016. 9 Words that in the case of appointment to the post of Executive Director, the Selection Committee shall consist of Chairman and two other members of the Board, constituted by the Chairman and such omitted by the SEBI (Employees Service) (Third Amendment) Regulations, 2018, w.e.f. 13.08.2018. 10. Omitted vide Notification No. SEBI/LAD-NRO/GN/2022/111 dated 30-12-2022 before it was read as, and promotion 11. Substituted vide Notification No. SEBI/LAD-NRO/GN/2024/165 dated 07-02-2024 before it was read as, (d) Competent authority shall constitute a selection committee, comprising such number of persons and outside expert as he may determine for interviewing the candidates. Provided 9 [***] that appointment to the post of Executive Director shall be approved by the Board before an offer of appointment is issued to the selected candidate.